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Find the number of current ratio as of december 31

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Account 2018 2017

Cash $24,000 $24,000

Accounts receivable $51,000 $52,000

Inventory $43,000 $48,000

Current Liabilities $60,000 $42,000

Net Sales (All Credit) $550,000 $485,000

Cost of Goods Sold $288,000 $265,000

Use this information to determine the number of current ratio as of December 31, 2018: (Round & enter your answers to one decimal place and enter the value.)

Reference no: EM132378579

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